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Willcocks joins M&G’s biggest push into equities for 10 years

He joins Steve Brear, head of retail IFA and partnerships, and John Godard, director of marketing, with the task of running M&G’s biggest push into equities for 10 years as the firm looks to diversify its range.

Since David Jane took over as head of equities in September 2002, 64 per cent of M&G equity funds have been in the top quartile. The company has also made a number of high profile fund-manager appointments, notably Mike Felton from Isis in November last year to run its capital fund.

M&G chief executive Gary Shaugnessy says: “We have a cracking team in place and the numbers are really good. We have positive views on equities in the long term.”

Investec Fund Managers is to take over the management of MGM Assurances unit trust range.The announcement follows a similar arrangement in 2003 when Investec took over the management of Hargreaves Lansdowns fund range.MGM Assurance chief executive Gerard Healy says the decision will allow MGM to focus more resources on its core products whilst ensuring the […]

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21st January 20193:05 pm

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